SDC - SmileDirectClubmisses estimates revised FY 2022 guidance

• SmileDirectClub press release ( NASDAQ: SDC ): Q2 GAAP EPS of -$0.17 misses by $0.02 .
• Revenue of $126M (-27.6% Y/Y) misses by $15.86M .
• Shares -7% .
• Revised Full Year 2022 Guidance: Company expects total revenue to be in the range of $450 million to $500 million; Gross margin range (as a percentage of total revenues) of 69.5% to 71.5%; Adjusted EBITDA range of ($180 million) to ($140 million); CapEx range of $60 million to $70 million; One-time costs range of $20 million to $25 million

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